7963 SW 104th St APT A210MiamiFL33156
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Miami at 7963 SW 104th St APT A210, Miami, FL, 33156 offers a 10.95% rental yield on a $265,000 purchase with $2,418/mo rent. Total monthly income registers $2,418/mo, and a $1,297/mo payment leaves $659/mo available for distribution. Annual cash flow reaches $7,914/yr on $87,848 to close, and return on cash invested stands at 28.92% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 151.77% and total cumulative return in cash at $133,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,418/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1971
854 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33156, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,990 (100%) |
| Owner Occupied HU | 8,719 (62.3%) |
| Renter Occupied HU | 4,237 (30.3%) |
| Vacant Housing Units | 1,034 ( 7.4%) |
| Median Home Value | $1,042,504 |
| Average Home Value | $1,217,756 |
Housing Distribution
Address Breakdown
Residential
13,520
Single Family
8,962
Multi-Family
4,558
Businesses
1,518
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